North Central Apartments

Charleston Redevelopment Corporation (CRC) was founded in 2012 by the City of Charleston, the Historic Charleston Foundation and the Housing Authority of the City of Charleston. The CRC focuses on the development and maintenance of affordable hosuing in the Charleston area and helps secure local, state and national funding for long-term housing affordability. 

LISC provided a $3.50 million acquisition loan for CRC to acquire North Central Apartments, a 36-unit senior LIHTC multifamily property in Charleston. The property's tax credit status is expiring, and CRC will ensure the property remians affordable.